Around 17 ministers from Africa’s leading energy-producing nations including Nigeria, Equatorial Guinea and Tunisia have agreed to meet in Cape Town at Africa Oil Week (AOW), taking place from 4-8 November 2019
The meetings aim to broker new partnerships to boost energy sectors of the countries.
The ministers will be using AOW summit as a platform to discuss national strategies, sovereign competitiveness, issue licences and finalise tenders.
With pressure growing on sovereigns to develop attractive operating environments, the ministers will be detailing their hydrocarbon strategies to an audience of more than 1500 senior executives from the entire upstream value chain, including NOCs and IOCs, independent operators, the Geoscience community, service companies and EPCs and the investment community.
In 2019, the ministers in attendance will include:
– Slim Feriani, minister of energy for Tunisia, who will be joining the government speaker line-up for the first time in AOW’s history. Feriani announced that the nation is planning to double its gas production this year from 35,000 barrels of oil equivalent to 65,000 when the southern Nawara gas field comes onstream in June. He will be providing more details on the status of Tunisia’s oil and gas resources at AOW 2019.
– Irene Muloni, minister of energy and mineral development for Uganda. In 2018, Uganda hosted a roadshow at Africa Oil Week to showcase the country’s “proven oil and gas reserves which constitutes close to 12 per cent of world oil production.” This year she will be expanding on this theme with an update on the country’s most recent petroleum exploration project.
– Gabriel Mbaga Obiang Lima, minister of mines, industry and energy for Equatorial Guinea. Famous for its offshore crude oil fields, Equatorial Guinea produces roughly 13.5mn tonnes of crude oil per year, with 149mn tonnes recoverable oil reserves.
– Dr Emmanuel Ibe Kachikwu, minister of state for petroleum resources, Nigeria. Nigeria is Africa’s largest oil producer and exporter. However, it also has large gas reserves up for development, attracting interest from local operators such as Seplat and Oando who are sponsoring Africa Oil Week in 2019. Don’t miss updates from the minister on Nigeria’s most exciting exploration projects and policy developments.
Alongside those already mentioned, ministers from South Africa, Republic of Congo, Central African Republic, Djibouti, Burkina Faso, Guinea, Gambia, Mali, Zambia, Rwanda and Chad will also be speaking at the event.
For more details, please visit Africa Oil Week
